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Senate Committee Review Into Proposed R&D Reforms Due Soon, As Opposition Calls For Bolstering Of R&D Tax Incentive
InnovationAus has reported this week that the Senate Economics Legislation Committee review into proposed R&D tax incentive reform is reportedly set to re-open, and a meeting could occur in early July. In December 2019, the government re-introduced a bill to reform the R&D Tax Incentive. Thi[...]
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News & Research
News & Research
News & ResearchAustralian Government Announces details regarding Review of National R&D System
In the May 2024 federal budget, The Albanese Government announced a strategic examination and review of Australia’s R&D system to align it with national priorities and improve outcomes. This week, Ed Husic has announced specific details to launch the review, the first […]
New Federal Court Decision re: Active Sports Management Pty Ltd finds R&D Activities not eligible
An AAT decision handed down in December 2023 (Active Sports Management Pty Ltd and Industry Innovation and Science Australia) previously found that activities in respect of development of a customised basketball shoe were not eligible under the R&D Tax Incentive. It […]
